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GOLD TECHNICAL OUTLOOK 22/03/2022
CFDs on Gold (US$ / OZ)
Short
GOLD TECHNICAL OUTLOOK 22/03/2022
By mffxtrading
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Mar 22, 2023
3
Mar 22, 2023
Gold has been trading a downtrend which has changed
We see gold made gains during the course of the months and is currently at a KEY RESISTANCE LEVEL
We confirm Gold is trading within an uptrend But can also confirm we do see SELL positions in the weeks ahead
reason being Gold opened the week at a KEY RESITANCE LEVEL which is rejected and we do see a strong bearish opening and closing with current candles
We look to SHORT GOLD in the weeks ahead to next SUPPORT level
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